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Recent global stresses have exposed the cracks in the world’s trade system, and some argue that it has become more destructive than beneficial. Trade is crucial, especially for developing economies. Global trade should be reviewed and revamped for the good of all through digitalization, mainstreaming green trade and greater transparency.
The International Chamber of Commerce is confident that the UK Centre for Digital Trade and Innovation will spur standards.
Throughout the year, we have been keeping you up to date on noteworthy developments across the region with our Regional Round-up Publications. As we…
We, the leaders of the Group of Seven, met in Cornwall on 11-13 June 2021 determined to beat COVID-19 and build back better. We remembered everyone who...
In Short The Situation: On 1 February 2021, Parliament passed the Electronic Transactions (Amendment) Bill (Bill No. 1/2021) ("Bill"). The Bill enables the creation and use of electronic transferable records ("ETRs") and expands the scope of electronic instruments afforded legal recognition under the Electronic Transactions Act (Chapter 88) ("ETA") to various trade documents including negotiable instruments, bills of exchange, promissory notes, bills of ladings and other transferable documents ("Transferable Instruments"). The Background: Electronic records and electronic signatures have gene...